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    725 7Th St Louisville, KY 40203

    For Sale
    $1,250,000

    Prime Commercial Lot, 0.99 Acres

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial land opportunity presents a highly desirable 0.99-acre parcel located in the heart of downtown Louisville, Kentucky. The property, situated at 725 S 7th St, features a substantial 154-space parking lot, ideal for various commercial uses. The lot is comprised of seven contiguous parcels (APN: 029A00390000, 029A00380000, 029A00370000, 029A00360037, 029A00350000, 029A00340000, 029A00330034), offering flexibility for development or continued operation as a parking facility. Its strategic location on the corner of 7th and York Streets provides excellent ingress and egress, ensuring convenient access for patrons. The property benefits from its proximity to key landmarks including the USPS, LG&E, Gannett/Courier Journal, and numerous government services, guaranteeing high visibility and potential for strong rental income. The asking price is $1,250,000, reflecting the significant value and potential of this prime downtown location. The property is zoned PD - Planned Development, offering a range of development possibilities. This presents a rare opportunity to acquire a substantial commercial land holding in a thriving urban environment. Serious inquiries are encouraged.

    Property Features for 725 7Th St

    General Information

    Property type
    Land
    Square Feet
    1 SF
    Lot Size
    43,124 SF

    HighLights

    • 0.99‑acre commercial land parcel in downtown Louisville, KY.
    • 154‑space parking lot at 725 S 7th St.
    • Seven contiguous parcels (APN: 029A00390000, 029A00380000, 029A00370000, 029A00360037, 029A00350000, 029A00340000, 029A00330034).
    • Corner lot at 7th and York Streets with excellent access.
    • $1,250,000 asking price.
    • PD (Planned Development) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    725 S 7th ... Parking Lot

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7631196
    Latitude
    38.2453547

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 0.99 Acres
    Where is this land located?
    The property is located at 725 7Th St Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 0.99-acre commercial land parcel in downtown Louisville, KY.; 154-space parking lot at 725 S 7th St.; Seven contiguous parcels (APN: 029A00390000, 029A00380000, 029A00370000, 029A00360037, 029A00350000, 029A00340000, 029A00330034).
    (502) 719-3240
    Request Owner's contact information
    725 7Th St Louisville, KY 40203
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    Louisville, KY 40203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    725 7Th St Louisville, KY 40203
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